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million. don: here is van morrison. ♪ ♪ stuart: the timing could not be worse. gas prices going up again overnight. this is indeed a spike. good morning, everyone. $3.53 is the average. this is getting everybody's wallet just as taxes go up on every paycheck. plus, the economy is shrinking, unemployment is rising and the president calls forever higher taxes. a gas spike could not come at a worse time. $2900 per family. this is what happens when bernanke pushes down the value of the dollar. off goes oil and off goes gas. this is the inflation that everyone sees and everyone feels. varney & company about to begin. did yoknow not all fiber is the same? citrucel is different- it's the only fiber for regularityhat won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. stuart: breaking news from dell, as expected. the company is going private. the stock is up 30% this year. it is a done deal. i have a whole raft of tax stories for you. first item, the feds propose to legalize marijuana and establish new pot tax. that wo
on the program. question, short time to answer it, is the rally over? >> maybe, most likely. stuart: really? >> in the short run, yes, because once we hit 13-6, 13-7 on the dow technical analysis says we're going to drop 10, 15%. stuart: 13-927. >> so put your seat belt on i think it's coming. stuart: you think it's coming. >> absolutely. stuart: you think the short-term rally is over. >> usually 13-7, 13-6 we're going down. stuart: we're not there. i want to talk to you about wal-mart, an economic indicator. let me bring you up to speed. the market about a half minute away. a couple of items in the news background this morning, number one, 362,000 new claims for jobless benefits last week, that's a high number. it's up 20,000 from the week before. we don't consider these really market moving numbers, but it's another indicator of a relatively weak economy, along with the wal-mart indicator, as well. the consumer price index showed no gain, no loss at all in the latest reporting series. okay. we are off and running. we were expecting the dow to open lower, let's see where the opening trend
, he wanted to wait for a time after the election. stuart: he's not really changing his mind? >> i think that's what he's going to say. further study led to approval. my opinion here. stuart: that's what you would recommend. >> that's certainly what i would recommend. stuart: doug, stay here. >> of course. stuart: and the senator from north dakota says the pipeline would run through his state and tons of jobs for north dakota, and he wants it and a majority of americans do as well. that part of the story at the top of the hour. all right, everybody, did you catch the final, the season finale of "downton abbey" last night? don't worry, we will not reveal the ending. no spoilers here except this. we're talking about the show and how it portrays the rich in a positive light. and that's something different for you. back in a moment. we know all your investments may not be with fidelity, but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, ga insights, and figure out wh
, everyone. stuart: there you have it. thunderous applause the first lady making a surprise appearance. the first time a president or first lady appeared there. remember, hollywood has been a big backer of president obama and a big time producer and backer harvey weinstein reportedly set up the whole thing. please don't forget, hollywood gets hundreds of millions of dollars of subsidies from the feds. and one other oscar item for you this monday morning, the gift bags just for attending the oscars celebrities get free stuff. the irs says those gift bags are taxable. they are taxed heavily on this year $47,000 worth of gift bag goodies the tax is $20,000 plus, that will be federal and california taxes and the celebs have to pay even if they don't take the bags home. all right. this got a lot of play on "varney & company." those google glasses have the heads up display showing everything from text messages to the weather forecast right in front of your eyes, cool, maybe, but could they prove to be a liability in court. people hurt because they were distracted by the technologies, are the
, stuart. and that's really what's in play and traders minds. they're kind of ignoring that. at least for now. but a couple of days from now, maybe they he won't ignore it, but right now, it's a situation where the all time hey is in play and appears where the market wants to go. stuart: of course, ben keeps printing. and state right there. we'll get back to you right after the opening bell. we're looking for a 10 point loss after the opening bell. and i'll repeat the gdp number final period of last year, holiday season, basically the holiday expanded at an annual rate of .1%. it was originally reported as a contraction, .1%, turn it around, .1% gain. that is nothing, that is miserable to. big board, yeah, we are ten points lower from the get-go, puts it at 14,066. here is a big name you know and boy is this thing lower, groupon, it lost money and expected to make money, nicole, how bad is it. nicole: the latest quarter, you can he see to the down side this morning in a big way for groupon. and most of the company had to cut their revenues in order to lure the merchants and it's down
deal if it were larry page. stuart: i don't know why eric schmidt is selling and we don't know the reason. down 1/2%. apple, let's see if this one is moving. reports of an apple watch, as in a wrist watch. what's the stock doing? >> it's pretty amazing how they're coming up with the next great thing. we've waited a lifetime for one product for blackberry. a week goes by and we hear another product from apple. the stock isn't doing too much, but this could be the next big thing. >> they want is to be and want us to talk about the next big thing, but apple is at 475 this monday morning, a week ago, it was down 430, 440. don't laugh, nicole, i want to move on to microsoft. they did indeed sell out of their new surface pro tablet. the new tablet went on sale saturday and they sold out. some people say because they deliberately restricted the supply. some people say it's a good sign if they sold out and tell me what's happening with the stock. >> up about 1/2%. whatever they did or did not do, if that's your business, and not put out as many too fast and sort of test the waters and
-term not over, longer term remains to be seen. stuart: okay, but it's not over, you say? i want to impress that for you. you don't think this is over. we could make a run well above 14,000 do you think? >> not well above. i think we can test the former highs and then we'll probably get a pullback. stuart: i ask because a lot of people are getting nervous with the economy as the back drop not looking too sharp right now. but, anyway, stay right there. because we're coming back to you shortly and i've got the opening bell starting in just a matter of seconds and we're expecting a drop of maybe, 40, 50 points in the opening bell today and that could take us back to around 13,950. roughly in that area. and the opening trend. let's have a look at it. where are we this morning. the opening trend is down. up 14 points in the first few seconds. larry levin with trading advantage joins us from chicago. larry, again, we thought we were going to hit a record high on the dow and a lot of people pushing for it. if we're not there, we're a couple of points, a hundred points away, what happened? >> well,
. stuart: you're going to hire more people when the cost of labor goes up. >> we have to look at the bigger picture here, stuart, one of the things i believe what the president said in entitlement reform if we want more people off of welfare and entitlements we have to pay them more. look at the national poverty level. someone who has a child is going to be in poverty, more money into the economy and business owners i think it's responsible to take care of your employees. stuart: we hear you. what's happening on wall street. the bell is off and running and i think we started out 150 away from the all-time high and we're still 150 away. a slight drop for the dow just down two points as of now. and now i want to bring to chicago and bring in scoot. everybody's taxes went up. retail sales neglible up only .1%. what does that tell you. >> it's not state, it's the fate, and chiseled in stone, that's not good. we still have an 8% unemployment rate and 2% growth. this is just not working so you can paint a picture that things are getting a little bit rosier, pull that car over and take a look unde
during the the state of the union. stuart: all right, a fairly simple answer from the president and energy policies, follow my policies and all will be well. remember, the price is doubled on his watch and billions wasted on green energy, little impact. we've got more on that coming up on the show. here is what we've got now, across the board cuts go through maybe march 1st will we therefore sell off on the stock market. that's on the opening bell next. it's a new day. if your a man with low testostero, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axironan transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do
if nancy pelosi wants to be taking like that, stuart when the congress is asking for more pay cuts from all americans and tax hikes. >> it sounds like a juxtaposition, doesn't it? don't cut my pay because it's undignified. you lost, you're going to have to take a pay cut. >> leaves you vulnerable to a lot of criticism. including issues of her taking junket trips on government planes. stuart: let's not forget that. >> all of that sound bite we're not going to run again, ladies and gentlemen, where she says you have to pass this bill to see what's in it, referring to obamacare. we're not going to run it, is that okay. and elizabeth warren also making headlines saying before congress yesterday, why don't any bank executives, why are they not in jail? why aren't they being prosecuted? listen to this. >> there are district attorneys and u.s. attorneys out there every day squeezing ordinary citizens on sometimes very thin ground and taking them to trial in order to make an example, as they put it. i'm really concerned that too big to fail have become too big for trial. stuart: that's interesting,
about 11 points. stuart: yeah, it's pretty flat. 11 points not a big move on 13,000 index we'll keep an eye on it. thanks, nicole. bring back in art laffer, please. first of all, art, i hope you've recovered from the max plank study of longevity. that was a compliment, i hope you took it the right way. >> thank you very much. stuart: just for a second. listen to what president obama said about taxing the rich during what i call a campaign speech yesterday. >> all we're asking is that they close loopholes for the the well off and the well connected for hedge fund managers or corporate jet owners who are doing very well and don't need these tax loopholes so we can avoid laying off workers or kicking kids off head start or reducing financial aid for college students. stuart: art, weigh in, what do you make of tax increases to avoid armageddon. >> you know, that's a really not the way to go. what you want to do is create economic growth and the way to get the tax revenue increases, if you want more revenues you cannot do it by trying to balance the budget on the backs of the poor or unem
to some special interest group. stuart: don't you feel a calling? you obviously felt some calling to stand up right in front of the president and make your points. don't you feel a calling to pursue this and make a real difference to america? >> well, i feel that all of us, all of us citizens have a calling to make our voices heard. that's the problem. you know, this country was for us, the people. and we're allowing the government to become the primary entity. it was supposed to be to facilitate things. we're allowing it to rule us completely and that is the natural tendency of government. those people who founded our nation spelled this out very clearly. i talked about this in the book. that's the reason i wrote the book to give people perspective what's going on and glad that people are starting to read it now. but the fact of the matter is, as every government tends to grant power and to get bigger and to take the power away from the people, our framers designed the constitution that was supposed to stop that from happening, but as we begin to disregard the constitution, we're thwartin
. stuart: i've got two seconds. do you care if we get the spending cuts? do you care. >> the market knows it's not going to happen. the politicians will dance around it and spending cuts aren't going to happen. they'll find a deal. >> tres stay right there. gold perilously close to below 1600. right now the dow industrials are off and running for another day and we open from 14,035, we're down just a fraction, we're expecting a pretty flat opening. i've got a loser for you, right as we get going here, that's toll brothers, and nicole-- >> hi, stuart, we're taking a look here at toll brothers and came out with quarterly numbers and came out well below the analyst estimate and as a result, you're seeing it selling off on a day where we've talked about housing and improvement in housing over the last six months and we certainly see that, but toll brothers too much inventory, they face a lot of costs and see it down 2.7%, by the way, kicking it off. i'm back and got the starbucks and i'm ready for the rally and i haven't had it it yet, but we're over 130 points away and let's see now gives it
not repeat the behaviors of parents and get a good education. stuart: star parker, thank you. all right, enjoy that super bowl victory, enjoy it in baltimore because tough times are acomein'. cording to a report, it's headed for financial ruin, the reason why, retiree health care benefits. 2 billion dollars worth. baltimore is the latest municipality to be mired in red ink. more at the top of the hour. now this, the postal service cutting back its plans to-- cutting back, it's cutting back, plans to stop delivering mail on saturdays, but it will continue to deliver packages six days a week. the cuts due to begin in august would mean an annual cost savings of about 2 billion dollars a year, nowhere near enough to stabilize its deep deficit finances, then there's this. japanese airline, ana, it c canceled all dream liners flights. >> there it is, down about 1/4 of a percent, up off the lows and that doesn't bode well for the dreamliner that we feel we waited a lifetime for and now with the issues they've had. they've had to move this-- >> tell me about ralph loren, it's up why. >> and the
recession. >> if it persists, the answer is yes, if it's quickly, the answer is no. stuart: and another question, do you expect this price spike to persist? >> yes, it's not over. we've got a refining capacity contraction in the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly getting together. and lauren simonetti on the floor of the exchange. looks like they will he' give staples
, i think, worried about our -- our economy being overwhelmed beyond our shores. stuart: a little awkward on the timing there and finally, ben bernanke will give his update on the economy to congress today. is he going to keep printing money to make up for the dire spending cuts that could start friday or to protect the economy against europe? what's he going to do? is he going to keep printing money or not? we'll be here right at ten o'clock to find out exactly what he's going to do. it will affect the market. all right, next, we're following up on the big story, the big stock selloff and ask, why do the italians have such a big impact on our money and plus, the governor of kansas, we'll ask sam brownback his push to eliminate the income tax. and i've got good news on housing, too. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritr
. stuart: what a way to start the week, a blackout at the super bowl and stocks turned sour. good monday morning, everyone. suddenly the lights went out and making stuff, for 3 34 mix. it still has not been explained. did it affect the game? it almost did. when play resumed, the momentum shifted and the 49ers came very close to winning. did the advertisers get their money's worth? will the power company take a hit? what a way to start the week. we are all about your money and this morning plenty of news on that. the president and senator reid old want more revenue beating one way or another, more taxes. and yes, the dow is turning away from backing off from 14,000. here we go, everyone. "varney & co." is about to begin. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. all stations come over to mithis is for real this time. step seven point two one two. rify
francisco. the harvey milk foundation which was started by stuart milk and myself, worked to put this on in partnership with the san francisco harvey milk gay democratic club, gay and lesbian democratic club, the harvey milk civil rights academy and of course the gay men's chorus who are performing here tonight. so, on that note i'm going to turn this over to my dear friend stuart who is harvey's nephew and someone himself who has been speaking out all around the world for civil rights and equality for all. stuart? [cheering and applauding] >> thank you. it's very interesting thanksgiving this week. i was mentioning to the moscone family did not fall on this remembrance. and therefore, the milk family, we were all together and we actually had a little bit more joy because we did have a week that separated it. it's a very tough time for my family since 1978. it's difficult to try to explain. i don't think i could have done as good of a job as jonathan, how tough that is. harvey was a part of every milestone, large and small in my life, for 17 years. and i just can't attempt to exp
a cover story today on the republicans and their problem with technology and stuart, this quote caught my eye "romney's senior strategist stuart stevens, may well be remembered by historians as the last guy to run a presidential campaign who never tweeted." >> really made -- if i had tweeted in this campaign this whole discussion we've been having about the second amendment would be replaced about the first amendment and whether it should apply to tweeting. listen i don't think that it would be a great mistake if we felt that technology in itself is going to save the republican party. technology is something to a large degree you can go out and purchase and if we think there's an off the shelf solution that you can with the republican party it's wrong. you know, we've had a lot of chance since the campaign to spend time with the obama folks and sometimes they had better technology. some cases we have better technologiment we don't have 140 character problem in the republican party. we have a larger problem that we have to look at and be patient about it. and trying to think that there's o
bay." today, and our special with former military prosecutor the tennis shirt -- stuart couch. we'll speak with wall street journal jess bravin, author of the after this of timber 11 attacks. all of that and more coming up. this is "democracy now!,", the war and peace report. i'm amy goodman. the number of gun deaths that have taken place in the united states since the december shooting rampage in newtown, connecticut has topped 2100. the website slate along with the twitter feed said that documented 2141 deaths in just over two months. that is more than 79 newtown massacres. meanwhile and analysis by usa today has found more than 900 people died in mass shootings over the past seven years, most killed by people they knew. those mass killings accounted for less than 1% of all gun- related homicides. the director of mayors against illegal guns told the paper -- in the latest violence making headlines, three people died after shooting sparked a fiery crash in las vegas, nevada thursday. authorities say a maserati collided with a taxi after the sports car driver was
and an internet connection be big brother? is privacy obsolete? we'll ask evan hendricks and stuart pratt both experts in the collection and usage of information. >> gentlemen, we will co. is the average person aware of how much -- welcome. the average person aware of how much data is obtainable by the internet? stuart pratt? >> uh-oh, john, i think the lead for the show speaks volumes about how society and our lives have changed, the ability to going lg ourselves, to see what is on the internet is something that tens of millions --. >> you want information it would be the shoe leather factor, you have to retain a private eye, he would have to be hiding behind lampposts and try to get into files now. now it's at your finger tips. >> i don't think that's quite true: there's some information on the intet net that is easy to get but there's a lot of information controlled under federal laws and is not readily available through a browser on the internet. >> where do you start? you start by going lg? -- googling? i ask you evan hendricks. >> that's the easy thing. but if you pull out your wallet a
normal, the headlines from this morning's job report. i'm charles payne, and stuart's back monday. 150,000 new jobs created in january, not enough to didn't the unemployment rate that jumped to 7.9%. just bumping along right there. the participation rate was unchanged as there was more people out of the labor force in a troubling signs today from the "wall street journal," and tw thirds of the people from 40-60 is working longer. who is dropping out and giving up? the nation's youth. the consumer confidence and the economy that's actually shrinks, well, harry reid says this is a recovery. okay. we'll talk about it. "varney and company" is about to begin. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven po
. did the republican presidential candidate get more negative media coverage? stuart stevens has many to say. so if ydead battery,t tire, need a tow or lock your keys in the car, geico's emergency roadside assistance is there 24/7. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> we spent two years on this program questioning the strained relationship between mitt romney's campaign and the press and whether journalists were unfairly painting the republican candidate as an awkward, out of touch. >> i like being able to fire people. >> i'm not concerned about the very poor. >> brought us binders full of women. >> was there a tilt towards obama that continues to this day? i spoke earlier with stuart stevens the media man who was the campaign's top strategist. stuart stevens, welcome. do you believe today that much of t
washington post" and former romney adviser, stuart stevens. >> hello again. george is off today. it's great to have you with us. in a "this week" exclusive congressman paul ryan is standing by to join us live, but first a major political story breaking overnight. a new report from "usa today" with what the paper says is a draft of the white house immigration proposal. according to the report, the plan includes allowing undocumented immigrants to apply for legal status with a pathway to citizenship after eight years. it also expands e-verify and border security. joining us now to talk about this is the new white house chief of staff, denis mcdonough. thank you for joining us. >> thanks for having me, jon. >> now, this hit with a thud as far as marco rubio is concerned. he said late last night in a statement, quote, this legislation is half baked and seriously flawed. it would actually make our immigration problems worse. if actually proposed, the president's bill would be dead on arrival in congress leaving us with unsecured borders and a broken legal immigration system for years to come." l
senior adviser stuart stevens, former speaker of the house newt gingrich and democratic congressman, thank you all for joining us. george, the bottom line, these sequester cuts obviously are going to happen and then we're going to have a battle over the government shutdown, the debt ceiling. where does this all end? >> it doesn't end. this is democratic politics in an age where we've made promises we can't keep and intractable budget ceilings we have to bump up. let me give you two examples this week. the navy citing the sequester delayed the deployment of the aircraft carrier "truman" undermining our pledge to have two carrier groups in the persian group to keep pressure on iran. citing the sequester. you telling me the navy can't find other ways to economize without this flamboyant and provocative way of trying to pressure congress? second, this week we learned the agriculture department has a diversity awareness program. it doesn't cost much money, in which they teach the bureaucrats in the agriculture department to refer to the pilgrims as illegal aliens and minorities as emergi
don't seem so...far away. stuart: we have two great experiments and america right now. welcome to varney & company. i am david asman in for stuart today. pushing to reduce or eliminate state income tax. louisiana, north carolina, kansas, nebraska all trying to make it move in that direction. republicans are also picking their battles. a governor just did a 180 on obamacare. she chose to give in. same thing for ohio's governor. he once lobbied the president for four fracking at a college basketball game. the great state tax revolt in the middle of it all. ♪ ♪ stuart: we are talking about the states and taxes and growth and chicago's fight with police over blackberry overtime. also saving the polar bears. with the company, sandra smith and elizabeth mcdonald. of course, nicole petallides at the new york stock exchange. you have smaller government at the state level and larger government at the federal level. liz: it is bad for the u.s. economy would it takes more manpower and brains to file the return on your income than it does to earn it. that is what the states are showing
. stuart stevens has gone on to help elect more governors and senators than any other current republican media consultant. and has also worked on campaigns overseas. he was involved in immediate imagamateur romney to the eightd served as senior strategy, senior strategist for romney's presidential campaign in 2012. finally, our moderator but tonight, chuck todd, an innocent extensive expense in journalism as an editor, political director for nbc news and as an on air political analyst. his current role as chief white house correspondent has given him a fewer than base. tonight's panel will cover the 2012 election and campaigns on a macro level and will shed light on what went right, what went wrong and what went unexpectedly. we would like to especially thank strategist from governor romney's campaign for giving our institutions the privilege to hosting them. the caliber and expertise of tonight's guest is extraordinary and it's a true honor to be able to introduce them all for what is sure to be a truthful and enlightening discussion. ladies and gentlemen, i would like to thank you for
and president obama of course. >> retired master sergeant craig stuart spent 24 years in the air force, 13 of those years on air force 1. >> it's the same as any aircraft destination working on. it doesn't matter if it's the president or your son or daughter or mom. >> as a crew chief he has seen a lot of the world while making sure all is right with the most famous 747 many in america. >> if there's an issue with the airplane you have to get it resolved. >> sometimes you don't see you hotel room. sometimes crew chiefs can get a break, like on a trip to rome. there are two identical 747s, both called air force 1. >> sometimes when you walk into the hanger and you'll see both of those planes sitting there, it's one of those things where you can get used to it but every now and again it just kind of hits you and sets you back to that first day when you walked in and looked at it and was like wow, these things are awesome. >> the crew sits in a different area of the plane if the president. >> how is the food >> very good. >> better than commercial airlines? >> yes. >> is this a window? >>
're looking at the top of the ticket. might be far-fetched but this -- we are talking about. stuart: you are going way over board. of the friday but america is ready for a citizen politician who is successful, accomplished, doesn't have this sort of -- traditional politics. the fact the american people thought that with obama four years ago. stuart: someone who is a doctor who seeks to heal versus lawyers who want to win by fighting. that is what got a lot of people upset. stuart: the man comes from completely outside the political realm, makes one speech in the presence of the president at national prayer breakfast and suddenly america at -- we are talking about him and -- [talking over each other] charles: we are desperate because we saw a bunch of people run for political office the highest land and for over each other. liz: no one has a monopoly on debate. he is allowed to speak his mind which he did. stuart: for 25 minutes he had the president's attention. charles: my prediction tonight, the speech tonight will be a reenactment, modern update of the four freedom speech from fdr is w
was the campaign manager for romney. stuart stephens has gone on to elect more governors than any other current republican media consultant. he has also worked on campaigns overseas. he was involved in that media image for romney in 2008 and was a senior strategist for the presidential campaign in 2012. finally, our moderator for tonight is mr. chuck todd. he has experience as an editor and is an on-air political analyst. he is the current role of the chief white house correspondent for nbc. the panel will cover the 2012 election and campaign on a macro level and we will shed the light on what went right, what went wrong, and what went unexpectedly. we would like to thank strategist for giving us to host them. -- strategist on governor romney's campaign for giving our institution the privilege of hosting them. the caliber and expertise of the guests is extraordinary. it is an honor to introduce all of them for what should be a fruitful discussion. ladies and gentlemen, thank you for coming. please join me in welcoming our distinguished guests. [applause] >> am i supposed to begin? all right. so
. >> reed, stuart, villopoto in round one did not go very well. stewart has been the injury. it is a real? as the day goes on, how much stress can his new take. stuart has put in 20 solid laps without any disruption. chad reed seems to be struggling with the bike. he is the best when it comes to get the point in the main event, he knows how to get that done. ryan villopoto is the reigning champ. he started out outside of the top 10, bunch of crashes. he needs to get focused, he needs to go out and win. >> one year ago in round two, ryan dungey made history in phoenix giving them their first 450sx victory. when the gates dropped on round two, and was muscle milk honda rookie who would make history on this night. >> he has the lead. millsaps in second, here we go in the opening lap. >> how about davi millsaps, another great start. he is your points leader. >> as canard and reed starting to go at it. >> so good at turning down early and accelerating out of the turn. >> he pushed the front and! >> ryan dungey in ninth pushing for eighth. >> one of those nights you just want to get through for
to fight me point for point as i pour cold water on what stuart calls the bright spot in the economy. that's new at 10. ? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. all your imptant legal matters in just minutes. protect youramily... d launch your dreams. at we put the law on your side. rear of the speewun of the bright spot in the economy, fox business signs a spotlight on the bright spot, here's a bigger deeper digging on that. welcome to the new hour of "varney and company". stuart varney will be back monday. if you look at the numbers you would think housing is coming back, sales are up, rates are down, prices are up but who is spying? not the general public, 30% o
. stuart: purchased with your subsidies by our antonio marco. >> it takes off. it is an absolutely beautiful car. it is roomy. it is a four-door. stuart: here it comes. we are loading the file. >> i love it. i am glad i bought it. stuart: is it automatic or stick shift? >> it does not have a transmission. it just has a button. stuart: really? >> yes. stuart: how long is the battery expected to last? not per charge? >> there is a 60-thousand mile. charles: it is a great looking car. are you worried if it breaks down? >> no. i am not worried. if it breaks down, i take it in. stuart: dagen and connell, it is yours. dagen: i was going to say thanks to elon musk who walked off and interview before we got to it. nice car. thank you for that. connell: thank you very much. good morning. i am connell mcshane. dagen: i am dagen mcdowell. jobs are at stake due to the looming automatic spending cuts. our first guest says this is a giant campaign to justify tax hikes. connell: then we will talk about why some investors are betting their money on president obama when it comes to the cyber securi
stuart: let's see what we have on the highlight reel. those demonstrators do not want the keystone pipeline. >> they now have political freedom to do something that i think is reasonable and responsible. stuart: shows almost 70% of the people in this country support keystone. >> we have a real chance of getting it passed through the senate. neil: i wonder how many people at the protest really know anything. stuart: we have about ready seconds left. i want to ask charles, fresh from his -- he does not like tiffany. he likes harry winston. charles: a long time ago. >> he has come a very long way from his everclear days. [ laughter ] stuart: what was everclear again, charles? charles: 100% proof moonshine. stuart: i think this will make a reappearance tomorrow. dagen, please, take it off our hands. dagen: everclear, the real stuff, comes in a mason jar. i will bring you some. it is fallacious. stuart, thank you very much. i am dagen mcdowell. protesters out in force over the keystone pipeline. our most important trading partner will not be happy if it does not get the president go ahe
'll check with dana and stuart on this edition of "hannity." >> he doesn't have a clue. he's never had a business. he's never had a real job. he doesn't understand how it all works. >> sean: and also the president of the national black chamber of commerce is here with some very strong words about the obama administration's economic policy. this an interview that will this an interview that will have a lototototot look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your
for michelle obama. and we'll get reaction from dana perino and stuart varney. first the big story this hour is the countdown to the sequester. because in two short days at the stroke of midnight march 1st, 85 billion in spending cuts will be triggered and even with the clock ticking closer and choser to the deadline. our commander-in-chief, president himself. did not try to hammer out a bipartisan solution to the mess he put the country in. instead of focusing on fixing the problem he decided to take his sequester scare tactics to the commonwealth of virginia and as usual his teleprompter was loaded with some of the name irresponsible rhetoric we're accustomed to. and the choice of words was so ridiculously similar to what we heard exactly a week ago we could not resist on the program to put together a "hannity" highlight reel of president panic in action. do not adjust your screen. this is not deja vu you're seeing, not seeing double. sadly, this is the quote, leadership in the the age of obama. >> in a few days congress might allow a series of immediate, painful, arbitrary budget cuts to
could not comply with that, of course. [laughter] i would tell you. but as stuart noted, my wife has been on the board here and has been an active member, and i'm very proud of her work and leadership and efforts on behalf of this organization. i might note, walter, i don't know if i've ever mentioned this or not, but i first became acquainted -- mr. ambassador, welcome -- first became acquainted with meridian in the early 1980s when the president was ambassador hova, and john became a good friend and enlisted me into some projects. little did i realize that a few years from 1982-'83 i would be spending a lot of time here. and so i have some connection with this institution that goes back some time and have always admired the mission, the objective and what it does. i believe that this institution is as relevant and important today as it's ever been and maybe more so. stuart was very generous in his summary and review of my book which being the unabashed, gratuitous politician that i am -- [laughter] i'm not at all bashful about hawking it. but those of you who have written books, an
a look. does this face ring a bell? well, look now. the human is stuart freeborn, the makeup artist who brought us yoda. we're told, created in his own image. >> you must unlearn what you have learned. >> all right, i'll give it a try. >> no. try not. do. or do not. there is no try. >> he also created other old friends from "star wars," chewbacca and jabba the hut. and stuart freeborn was 98. as yoda might have said of us, sad, we are tonight. >>> and a different kind of memorable encounter. this one, off the coast of maui. take a look now. a couple is canoeing in calm waters, and then, watch and listen. >> oh, my -- wow! >> it was a sneak attack by a humpback whale. and it's being called a love tap. a kind of "hello there" in mating season. and even whales can dream on valentine's day. >>> and a date we're all circling in red on our calendars. february 20th. it's when our friend robin roberts will make her return to the anchor desk on "good morning america." five months to the day after her bone marrow transplant. as you know, she's been checking in behind the scenes at "gma" and said
could go to stuart elementary here behind me are just one of the 129 schools still being considered for closure or consolidation. parents i talked to tonight are hoping it will be scared. jessica and her three brothers currently attend stuart elementary in uptown she is worried about what her teachers have been telling her at school. that's why we are maybe on the list that we can close down... right now it only takes jessica few minutes to walk to school but that's an off change as cps decides to close it. when i leave the school all of my friends will be in different schools and it's going to be very hard for me to make new friends. another school at risk of being shut down is stockton elementary. although cps sites under utilization as a reason for consolidating the school they say small schools are a good thing it to me is that her daughter gets more one-on-one time with her teachers. in fact some parents are concerned that the closure of one school will mean overcrowding at another. nobody is happy when their school is on the list but something has to be done. pa
they expected. fox business network stuart varney joins me on that. as wal-mart goes, so is going the nation perhaps, stuart? >> oh, yes. this isn't just one single company, one single retailer. this is america's economy. very good indicator of that and the news is not good. as you suggested there, martha, their sales are flat to down in the same stores over a comparable period. they took in about a billion dollars less than they were expecting to take in. you got to bear in end into the gas prices have gone straight up. that leaves less money available to go spend at wal-mart. taxes for everybody went up on january the 1st. same story. less money for people to spend at wal-mart. this is a disappointing indicator for the overall economy. it confirms we're still pretty weak. martha: you get that divide. you see what is going on with the ground on retail sales like you're reporting right here and you look at the stock market. that seems to indicate that things are picking up. why that divide continuing, stuart? >> the difference is, the stock market has reached close to all-time highs recently
the city in trouble years ago. stuart: i am just waiting for the bailout. [ laughter ] stuart: aren't we all. the national economy is not in good shape. sandra: never before has there been a bigger disconnect in the economy and the stock market. listen, or than 7% of s&p companies had the his earnings season. the reason these companies are doing so well is because wages are not going up and people are doing more work for less money. wait until the sequestration hits on march 1. stuart: charles, you think that it is going up? charles: i do. when caterpillar reports that 70% of their revenue comes from outside of america. i do worry about the media. every single report that came out last week with either bad or devastatingly bad. stuart: you are right. you got that one right. our time is up. here now is dagen and connell. dagen: you are all the pressing. connell: know. thank you, stuart, for that. i am connell mcshane. dagen: i am dagen mcdowell. the first year of a second term president is historically bad. which is it? connell: i told him we have a bone to pick with him. fha could m
it was not a response. it was a campaign speech. stuart: joe biden literally wearing rose colored glasses. >> it will hurt middle-class families. >> that is why marco is such a good example. >> the president just spent the last hour demonizing success. stuart: before we move on, jack lew just addressed his cayman island accounts. he invested as an employee. he took a loss and -- >> we should feel better about the situation because he took a loss. remember president obama attacking mitt romney for his offshore accounts? come on. stuart: why would anybody have an offshore account? >> the taxes in this country are out of controll stuart: it is okay if jack lew does. charles: it is also okay if this president kills people with drones. [ laughter ] stuart: dagen and connell, it is yours. dagen: i am dagen mcdowell. connell: im connell mcshane. the markets are setting up for a repeat of 1987. >> today a full-time worker making the minimum wage earns $14,500 a year. even with the tax relief we put in place. a family with two kids that earn the minimum wage still lives below the poverty l
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